The Escalator to Higher-Paying Jobs

How innovation and investment in education are driving the race to produce knowledge workers, spurring growth, and creating the next generation of newly affluent consumers in China and India

WHILE VISITING THE INDIAN INSTITUTE of Technology in Delhi, we met Shriram, a young man who ranked 19 out of 485,000 on the entrance exam. We call him Mr. Number 19. He is a handsome young man—tall, slender, with short black hair and a carefully trimmed goatee—who “thinks in English” and could easily pass as an American teenager. He has a quick smile and a soft laugh. We met him outside on the IIT campus on a hot late-summer day and asked him what motivated him, why he works so hard, and where he wants ...

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